Cable lower on Greece concerns

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AFP
On Monday, the Cable was traded lower versus the greenback, as trader sentiment was driven by worries over Spain and Greece. GBP/USD hit a session low of 1.6031, and later consolidated at 1.6036, which was a 0.42% fall for the European afternoon trade. The pair's support was likely to be at 1.5989, while the resistance was prone to be at 1.6096.
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